Shocking gas prices from around the world reveal just how bad things are for the oil industries
If you ever thought about driving across the US, or some other country, now is the time to do it.
The oil industry is in the midst of a historic downturn, which is plunging the price per barrel of oil to all-time lows across the globe.
International markets sell oil for a fixed price. But drivers are subject to fluctuating fuel costs depending on their location.
Taxes and subsidies play a large part in this, and the fluctuations are quite impressive, ranging from as little as $0.20 per gallon all the way up to $5.64.
Here, we've compiled fuel costs for 17 different gas stations across the world in order from most to least expensive.
Llanteg, Wales
Location: Murco gas station in Llanteg
Date: Jan. 28, 2016
Cost per liter: 103.9 pence ($1.49)
Cost per gallon: $5.64
(*All of these fuel prices are subject to changes in exchange rates.)
London, Britain
Location: BP gas station near Heathrow Airport in west London
Date: Jan. 30, 2016
Cost per liter: 101.9 pence ($1.44)
Cost per gallon: $5.45
Santiago, Chile
Location: Copec gas station in Santiago
Date: Feb. 7, 2016
Cost per liter: 760 pesos ($1.08)
Cost per gallon: $4.09
Prague, Czech Republic
Location: Agip gas station in Prague
Date: Jan. 21, 2016
Cost per liter: 28.20 crowns ($1.13)
Cost per gallon: $4.28
Buenos Aires, Argentina
Location: Shell gas station in Buenos Aires
Date: Feb. 3, 2016
Cost per liter: 14.23 pesos ($1.01)
Cost per gallon: $3.83
Los Angeles, California
Location: 76 gas station in Los Angeles
Date: Feb. 4, 2016
Cost per liter: $3.79 per gallon (about $1)
Cost per gallon: $3.79
Nairobi, Kenya
Location: Total gas station in Kenya's capital, Nairobi
Date: Feb. 7, 2016
Cost per liter: 88.60 shillings ($0.86)
Cost per gallon: $3.26
Abidjan, Ivory Coast
Location: Shell gas station in Abidjan
Date: Feb. 1, 2016
Cost per liter: 600 CFA francs ($1.00)
Cost per gallon: $3.79
Brooklyn borough of New York
Location: Mobil gas station in Brooklyn
Date: Feb. 3, 2016
Cost per liter: $0.87
Cost per gallon: $3.29
Sydney, Australia
Location: A gas station in Sydney
Date: Feb. 8, 2016
Cost per liter: A$1.219 ($0.86)
Cost per gallon: $3.26
Gyoda, Saitama prefecture, Japan
Location: Board reading outside a gas station in Gyoda
Date: Jan. 29, 2016
Cost per liter: 98 yen ($0.81)
Cost per gallon: $3.07
Managua, Nicaragua
Location: Puma gas station on the Hugo Chaves roundabout in Managua
Date: Feb. 5, 2016
Cost per liter: 21.59 cordobas ($0.78)
Cost per gallon: $2.95
Kiev, Ukraine
Location: Fuel costs stand next to a Samsun advertisement with a woman wearing clothes decorated in a Ukrainian national pattern in Kiev.
Date: Feb. 1, 2016
Cost per liter: 19.99 hryvnias ($0.78)
Cost per gallon: $2.95
North Jakarta, Indonesia
Location: A street seller on Mangga Dua St. in North Jakarta
Date: Jan. 29, 2016
Cost per liter: 8,000 rupiah ($0.58)
Cost per gallon: $2.20
Kogalym, Russia
Location: Boiler gas station in the West Siberian city, Kogalym
Date: Jan. 25, 2016
Cost per liter: 33.2 roubles ($0.41)
Cost per gallon: $1.55
Benghazi, Libya
Location: OilLibya fuel station in Benghazi
Date: Jan. 29, 2016
Cost per liter: 0.15 dinar ($0.11)
Cost per gallon: $0.42
Minsk, Belarus
Location: Belorusneft gas station on the outskirts of Minsk, capitol of Belarus
Date: Jan. 24, 2016
Cost per liter: 11.10 roubles ($0.054)
Cost per gallon: $0.20
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